How Accurate Are Prediction Markets on the Emmys? Kalshi’s Favorites vs. the Winners

Kalshi’s favorite won 8 of 16 Emmy categories at the 78th Emmys.

At noon Eastern on ceremony day we took the price of every nominee Kalshi listed and compared the favorite with the winner announced by the Television Academy. Across 42 categories at three ceremonies, the favorite won 29 times (69%).

Kalshi market data and Television Academy winners, pulled Oct 15, 2026, 10:54 AM ET. Updated weekly (new data after each September ceremony).

By Arthur Angelo, PredictionScout Research · Updated Oct 15, 2026, 10:54 AM ET

8 of 16favorites that won, 2026
29 of 42favorites that won, all years
19 of 21won when priced 70¢+
3ceremonies

Key findings

  • 2026: favorites won 8 of 16. Misses: Comedy Series (Widow's Bay won at 35¢, favorite Hacks at 54¢); Lead Actress, Limited/Movie (Sally Field won at , favorite Carey Mulligan at 27.5¢); Supporting Actor, Comedy (Stephen Root won at , favorite Harrison Ford at 70¢); Supporting Actor, Drama (Tom Pelphrey won at 23.5¢, favorite Patrick Ball at 34¢); Supporting Actor, Limited/Movie (David Harbour won at 31¢, favorite Charles Melton at 50¢); Supporting Actress, Drama (Allison Janney won at 2.5¢, favorite Katherine LaNasa at 63¢); Supporting Actress, Limited/Movie (Linda Cardellini won at , favorite Naomi Watts at 3.5¢); Television Movie (Remarkably Bright Creatures won at , favorite Swiped at 3.5¢).
  • Strong favorites held. Nominees priced at 70¢ or more won 19 of 21 times.
  • Biggest upset: Jeff Hiller, Supporting Actor, Comedy, 2025. Priced at 1.5¢ at noon ET on ceremony day; the favorite was Ike Barinholtz at 53.5¢.
  • Earlier ceremonies: 21 of 26. Kalshi listed fewer categories before 2025.
  • Winner check. 42 of 42 Kalshi settlements match the winner on the Television Academy’s site.
Emmys 2026: Kalshi favorite vs. the winnerEmmys 2026: Kalshi favorite vs. the winner020406080100Comedy Series: 54Drama Series: 63Lead Actor, Comedy: 70Lead Actor, Drama: 85Lead Actor, Ltd: 48Lead Actress, Comedy: 71Lead Actress, Drama: 67Lead Actress, Ltd: 28Limited Series: 90Supp. Actor, Comedy: 70Supp. Actor, Drama: 34Supp. Actor, Ltd: 50Supp. Actress, Comedy: 33Supp. Actress, Drama: 63Supp. Actress, Ltd: 4Television Movie: 4Comedy Series: 35Drama Series: 63Lead Actor, Comedy: 70Lead Actor, Drama: 85Lead Actor, Ltd: 48Lead Actress, Comedy: 71Lead Actress, Drama: 67Lead Actress, Ltd: 0Limited Series: 90Supp. Actor, Comedy: 0Supp. Actor, Drama: 24Supp. Actor, Ltd: 31Supp. Actress, Comedy: 33Supp. Actress, Drama: 2Supp. Actress, Ltd: 0Television Movie: 0Comedy SeriesLead Actor, ComedyLead Actor, LtdLead Actress, DramaLimited SeriesSupp. Actor, DramaSupp. Actress, ComedySupp. Actress, LtdTelevision MovieFavorite's price (¢)Winner's price (¢)Price at noon ET on ceremony day, centsKalshi; Television Academy; PredictionScout
Price at noon ET on ceremony day for Kalshi’s favorite and for the eventual winner, 2026.

Every scored Emmys market

CeremonyCategoryWinner (Television Academy)Kalshi favorite at noon ETWinner’s priceWinner’s rankFavorite won?Contracts traded
78th (Sep 14, 2026)Comedy SeriesWidow's BayHacks (54¢)35¢#3✗363,805
78th (Sep 14, 2026)Drama SeriesThe PittThe Pitt (63¢)63¢#1✓296,554
78th (Sep 14, 2026)Lead Actor, ComedyMatthew RhysMatthew Rhys (70¢)70¢#1✓114,009
78th (Sep 14, 2026)Lead Actor, DramaNoah WyleNoah Wyle (85¢)85¢#1✓89,412
78th (Sep 14, 2026)Lead Actor, Limited/MovieMatthew RhysMatthew Rhys (48.5¢)48.5¢#1✓130,583
78th (Sep 14, 2026)Lead Actress, ComedyJean SmartJean Smart (71¢)71¢#1✓159,979
78th (Sep 14, 2026)Lead Actress, DramaRhea SeehornRhea Seehorn (67¢)67¢#1✓125,727
78th (Sep 14, 2026)Lead Actress, Limited/MovieSally FieldCarey Mulligan (27.5¢)✗144,919
78th (Sep 14, 2026)Limited or Anthology SeriesDTF St. LouisDTF St. Louis (90¢)90¢#1✓227,116
78th (Sep 14, 2026)Supporting Actor, ComedyStephen RootHarrison Ford (70¢)✗175,325
78th (Sep 14, 2026)Supporting Actor, DramaTom PelphreyPatrick Ball (34¢)23.5¢#2✗133,307
78th (Sep 14, 2026)Supporting Actor, Limited/MovieDavid HarbourCharles Melton (50¢)31¢#2✗53,100
78th (Sep 14, 2026)Supporting Actress, ComedyKate O'FlynnKate O'Flynn (33¢)33¢#1✓165,813
78th (Sep 14, 2026)Supporting Actress, DramaAllison JanneyKatherine LaNasa (63¢)2.5¢#5✗120,808
78th (Sep 14, 2026)Supporting Actress, Limited/MovieLinda CardelliniNaomi Watts (3.5¢)✗79,332
78th (Sep 14, 2026)Television MovieRemarkably Bright CreaturesSwiped (3.5¢)✗21,650
77th (Sep 14, 2025)Comedy SeriesThe StudioThe Studio (90.5¢)90.5¢#1✓911,842
77th (Sep 14, 2025)Drama SeriesThe PittSeverance (62¢)37.5¢#2✗3,187,898
77th (Sep 14, 2025)Lead Actor, ComedySeth RogenSeth Rogen (91.5¢)91.5¢#1✓448,830
77th (Sep 14, 2025)Lead Actor, DramaNoah WyleNoah Wyle (91.5¢)91.5¢#1✓634,233
77th (Sep 14, 2025)Lead Actor, Limited/MovieStephen GrahamColin Farrell (68¢)30¢#2✗52,919
77th (Sep 14, 2025)Lead Actress, ComedyJean SmartJean Smart (93¢)93¢#1✓268,815
77th (Sep 14, 2025)Lead Actress, DramaBritt LowerKathy Bates (86.5¢)9.5¢#2✗375,162
77th (Sep 14, 2025)Lead Actress, Limited/MovieCristin MiliotiCristin Milioti (61¢)61¢#1✓41,613
77th (Sep 14, 2025)Limited or Anthology SeriesAdolescenceAdolescence (93.5¢)93.5¢#1✓56,621
77th (Sep 14, 2025)Reality Competition ProgramThe TraitorsThe Traitors (94¢)94¢#1✓8,607
77th (Sep 14, 2025)Scripted Variety SeriesLast Week Tonight With John OliverLast Week Tonight With John Oliver (87¢)87¢#1✓7,304
77th (Sep 14, 2025)Supporting Actor, ComedyJeff HillerIke Barinholtz (53.5¢)1.5¢#4✗40,885
77th (Sep 14, 2025)Supporting Actor, DramaTramell TillmanTramell Tillman (55¢)55¢#1✓55,243
77th (Sep 14, 2025)Supporting Actor, Limited/MovieOwen CooperOwen Cooper (92¢)92¢#1✓36,698
77th (Sep 14, 2025)Supporting Actress, ComedyHannah EinbinderHannah Einbinder (61¢)61¢#1✓70,970
77th (Sep 14, 2025)Supporting Actress, DramaKatherine LaNasaCarrie Coon (61.5¢)37¢#2✗73,099
77th (Sep 14, 2025)Supporting Actress, Limited/MovieErin DohertyErin Doherty (77.5¢)77.5¢#1✓35,803
77th (Sep 14, 2025)Talk SeriesThe Late Show With Stephen ColbertThe Late Show With Stephen Colbert (82.5¢)82.5¢#1✓74,239
77th (Sep 14, 2025)Television MovieRebel RidgeRebel Ridge (95¢)95¢#1✓12,599
77th (Sep 14, 2025)Variety Special (Live)SNL50: The Anniversary SpecialSNL50: The Anniversary Special (90¢)90¢#1✓27,899
75th (Jan 15, 2024)Comedy SeriesThe BearThe Bear (57.5¢)57.5¢#1✓48,514
75th (Jan 15, 2024)Drama SeriesSuccessionSuccession (90¢)90¢#1✓20,011
75th (Jan 15, 2024)Lead Actor, ComedyJeremy Allen WhiteJeremy Allen White (86¢)86¢#1✓4,557
75th (Jan 15, 2024)Lead Actor, DramaKieran CulkinKieran Culkin (64.5¢)64.5¢#1✓30,860
75th (Jan 15, 2024)Lead Actress, ComedyQuinta BurnsonQuinta Burnson (50¢)50¢#1✓15,479
75th (Jan 15, 2024)Lead Actress, DramaSarah SnookSarah Snook (90¢)90¢#1✓8,421

Prices are hourly-candle midpoints (or the last trade when the spread is wider than 10¢) at noon ET on ceremony day, looking back up to 48 hours. Older (archived) markets have less bid/ask history, so their prices are less reliable.

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Emmys markets vs winners (CSV)

One row per settled market period. Per-contract price histories are not included. Free to reuse under CC BY 4.0 with a link back to this page.

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Methodology

  • Markets. Kalshi’s Primetime Emmy category series (for example KXEMMYDSERIES, KXEMMYCACTR), one market per nominee, from Kalshi’s public API. Each nominee’s price at noon Eastern time on ceremony day.
  • Winners. Kalshi’s settlement (the market that resolved YES), checked against the winner cards on the Television Academy’s nominees and winners pages. Rows that could not be matched automatically are marked.
  • Limits. About 15 to 20 categories a year is a small sample; some nominees trade thinly; the 75th ceremony was postponed to January 2024. Nothing here is investment advice. Last run: Oct 15, 2026, 10:54 AM ET.

Cite this research

Suggested citation: PredictionScout. (2026, October 15). How Accurate Are Prediction Markets on the Emmys? Kalshi’s Favorites vs. the Winners. https://predictionscout.com/research/emmys-prediction-market-accuracy/

For a chart or news story: “Source: PredictionScout analysis of public exchange data (https://predictionscout.com/research/emmys-prediction-market-accuracy/)”

The data and charts on this page are free to reuse under CC BY 4.0 with a link back to this page. Market data: Kalshi. Winners: Television Academy.

Data sources: prices and volumes come from the public APIs of Kalshi and Polymarket, with winners from the Television Academy. All trademarks belong to their owners. PredictionScout is independent and not affiliated with any exchange. Nothing here is investment, betting, or legal advice.

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